Insurance is a big item in an association’s annual budget, and it is becoming bigger as premiums continue to rise. …
Help Your Association Budget for Insurance PremiumsRead More
Loss Control: Why Are Carriers Not Offering Renewals?
Loss control, also known as risk management or loss prevention, is a process used by insurance carriers to reduce the …
Loss Control: Why Are Carriers Not Offering Renewals?Read More
Short-term Rentals Pose Problems for Associations
Communities that allow short-term rentals may find their community association insurance impacted. An insurance carrier …
The Corporate Transparency Act
Every community association in all states needs to be aware of a mandatory filing required by the Corporate Transparency …
Terrorism Coverage — What is it and why does it come up every year?
The 2001 terrorist attacks on our nation impacted the insurance community because many policies were silent on damage …
Terrorism Coverage — What is it and why does it come up every year?Read More
Why is a Reserve Study Important?
A reserve study serves as an extremely helpful tool for community associations. The reserve study provides direction and …
The Importance of an Insurance Resolution
An insurance resolution is a document that clarifies the insurance requirements and guidelines for a community and …
Lithium-ion Batteries Pose Concerns and Risks
Technology has greatly improved our lives. With better communication tools, daily tasks are easier and more efficient. …
Good News, Bad News with Non-Renewals
First, the good news. Not all non-renewal notices mean bad news for a community association. Now, the bad news. Some …
Understanding the Insurance Market to Budget Accurately
Predicting stability in the insurance market has been difficult. Even the most tenured agents have not seen an insurance …
Understanding the Insurance Market to Budget AccuratelyRead More
Understanding the Impact of a Reservation of Rights Letter
When an association has a claim and reports it late or if there is a concern of coverage in the policy, the insurance …
Understanding the Impact of a Reservation of Rights LetterRead More
Costly Differences: A Hard Insurance Market Verses a Soft Market
Insurance markets can become hard or soft which impacts overall premiums for a consumer. To understand the difference …
Costly Differences: A Hard Insurance Market Verses a Soft MarketRead More
